2min chapter

The Compound and Friends cover image

Catch a Falling Knife

The Compound and Friends

CHAPTER

Silver Gate

Silver gate, the largest bank to the crypto industry, started out as a home lord. The market cap peaked at $6 billion; it's now under a hundred. They're doing business with people that you should not be doing business with. This is also just a traditional failure of risk management and matching your assets to liability.

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